The Newton-Raphson method is given by the formula:
\[
x_{n+1} = x_n - \frac{f(x_n)}{f'(x_n)}
\]
First, calculate the first derivative of $f(x)$:
\[
f'(x) = 3x^2 + 4x + 3
\]
Now, use the initial guess $x_0 = 1$:
\[
f(1) = 1^3 + 2(1)^2 + 3(1) - 1 = 1 + 2 + 3 - 1 = 5
\]
\[
f'(1) = 3(1)^2 + 4(1) + 3 = 3 + 4 + 3 = 10
\]
Now, apply the Newton-Raphson formula:
\[
x_1 = 1 - \frac{5}{10} = 1 - 0.5 = 0.50
\]
Thus, the value of $x$ after the first iteration is $0.50$.